Third Avenue Management’s Texas Pacific Land TPL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-25,629	Closed	-$1.64M	–	147
2014 Q3	$1.64M	Sell	25,629 -615	-2%	-$39.5K	0.03%	126
2014 Q2	$1.4M	Sell	26,244 -564	-2%	-$30.1K	0.03%	134
2014 Q1	$1.16M	Buy	+26,808	New	+$1.16M	0.02%	143